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A deranged knife-wielding man was gunned down by police near Times Square Saturday after a bizarre backward chase in broad daylight that sent terrified tourists scrambling for safety.

The dreadlocked madman was fatally shot at 3 p.m. on a Seventh Ave. sidewalk after ignoring orders to drop his 11-inch butcher knife — and then menacingly lunged at cops, police said.

The 51-year-old suspect, identified as Darrius Kennedy, was walking backward for seven blocks with cops in pursuit, appeared impervious to police pepper spray and refused to surrender his blade, witnesses said.

“He looked like he was crazy,” said Jalloh Osman, 26, who joined a crowd of onlookers watching the strange showdown at the corner of W. 37th St. “They sprayed him, and he kept going backwards.

Source: Rich Schapiro , Rocco Parascandola,. Larry Mcshane for NY Daily News.

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